Wal-Mart's retail clinic woes
An interesting read from
that looks at the recent
failures of Wal-Mart to capitalize on the growing retail clinic trend
. In it, the author explains why Wal-Mart has been unable to capitalize on the market that smaller retail companies (CVS, Walgreens, etc.) have.
Wal-Mart has more than 1 million potential clients among its employees alone, and it is betting that the combination of rising health-care costs and consistent traffic from budget-minded shoppers will prove successful. However, the enterprise has been marked by early stumbles and is taking longer than expected to develop. Industry experts and clinic operators cite brand confusion, advertising problems, broken partnerships, and the recession as factors in Wal-Mart’s halting foray in the field. |
(HT
)